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How Tesla blew its lead.
(restofworld.org)
This is a most excellent place for technology news and articles.
The problem is that Chinese EVs builder are heavily subsidized from the state and Tesla not (or not to that amount). Also a Tesla has a tag price that put it in the medium-high range, and it is obvious that the biggest market is for low-medium range priced car.
Eh. Both received subsidies. No one is a saint
Sure, but the scale is way different.
I agree.
The point is how much subsidies they receive. Chinese automakers seems to get way more (up to 30% if not more of the cost) than Tesla. That way it is easy to win on competitors.
BTW, the 30% is not a personal educated guest, it is the estimated figure given by a very trustworthy economic journal which did an investigation and discovered that that some chinese automaker could probably absorb a 30% tariffs without changing the selling price.
Got a link to the journal?